Allahu AkbarNew Welcome for Oilmen
Somalia plans to enact new oil legislation aimed at persuading oil companies that held acreage in the country before December, 30, 1990 and pulled out to return under freshly-negotiated production sharing agreements.(...).
THE INDIAN OCEAN NEWSLETTER N°1220 - 25/08/2007
BUSINESS CIRCLES/COMPANIES
TAL Group
The management of TAL Group , a Kenyan concern, recently met with officials from Somalia’s Transitional Federal Government (TFG) to submit projects by two of its affiliates.(...).
AFRICA ENERGY INTELLIGENCE N°446 - 29/08/2007
OIL & GAS
Medco Bets on Mogadishu
With the Somali government about to table new oil legislation before Parliament (see P. 2), Indonesia’s Medco and the private Kuwait Energy group penned agreements with the central Somali governments in mid-August to help Mogadishu set up a national oil company.(...).
